Written up on October 7, 2008 and again on January 29, 2009 with prices at 15.28 and 15.43 respectively, KBR Inc. had a tremendous run and after yesterday's drop of 1.41 (down 5.87%) we may have heard a wake up call to take profits.
This retreat clearly marked a break down below the 50 day moving average with a weak support at 21.50.
After gaining approximately 47.25% over a period of less than one year and selling for 22.61,i can happily call it a day and search for other opportunities.
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